Blue Bond

In this article we will discuss Blue Bond

In this article, we will discuss Blue Bond. So, let’s get started.

Blue Bond

  • It is a debt instrument issued by governments, development banks etc., to raise capital from investors to finance marine and ocean-based projects.
  • It will help in expansion of marine protected areas, improved governance of priority fisheries and the development of the blue economy.
  • The blue bond is inspired by the green bond concept.
  • Seychelles became the first country in the world to launch sovereign Blue Bonds.
  • According to the Securities and Exchange Board of India (SEBI), in India, the concept of blue bonds is a mode of sustainable finance, such securities can be utilised for various blue economy-related activities, including oceanic resource mining and sustainable fishing.

By sudrishna46

I work as an Analyst and i love wildlife and travel vlogging

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